In June, the Alliance joined policymakers and patient advocates on Capitol Hill to discuss the unintended consequences of the Inflation Reduction Act (IRA). While the IRA offers benefits like capping out-of-pocket costs and reducing vaccine expenses, it also raises concerns about how plans are incentivized to control costs. These concerns are detailed in a recent report by the Alliance and Manatt. Joining us today to explore the implications of the IRA for older adults, along with the steps CMS can take to protect beneficiaries, is the Alliance's Public Policy Manager, Adina Lasser.